Innovation Network Corporation of Japan (INCJ) and Bank of Kochi have agreed to jointly invest JPY470 million ($4.3 million) in Japanese artificial intelligence (AI) technology developer Nextremer.
The capital will be applied to R&D, marketing and other growth initiatives. It will also support the introduction of AI and internet-of-things technologies into industries that address labor shortages...
Space Cycle, a boutique fitness studio chain operating in mainland China and Taiwan, has raised a RMB100 million ($15.6 million) Series B round of funding led by Alibaba Taiwan Entrepreneurs Fund.
Creador is targeting $500 million for its fourth Southeast Asia and India-focused fund. The private equity firm closed its previous vehicle at $415 million in late 2016.
SBI Investment, the VC arm of Japan’s SBI Holdings, has launched a JPY50 billion ($450 million) fund that will focus on artificial intelligence (AI) and blockchain technology.
Singapore’s Temasek Holdings has led a Series C round of undisclosed size for Rokid, a Chinese artificial intelligence (AI) developer focused on home automation devices.